North Carolina Learns Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 9,017,348 | 8,709,453 | 307,895 | 0.4 | 18% |
| 2017 | 11,257,375 | 10,421,499 | 835,876 | 1.3 | 24% |
| 2018 | 13,785,797 | 13,761,319 | 24,478 | 1.0 | 25% |
| 2019 | 17,721,748 | 16,967,983 | 753,765 | 1.4 | 24% |
| 2020 | 20,522,998 | 19,453,301 | 1,069,697 | 1.8 | 25% |
| 2021 | 24,131,838 | 21,858,339 | 2,273,499 | 2.9 | 26% |
| 2022 | 27,525,464 | 25,473,898 | 2,051,566 | 3.4 | 32% |
| 2023 | 26,443,841 | 25,426,056 | 1,017,785 | 3.6 | 33% |
In its most recent public year (2023), this organization brought in $1,017,785 more than it spent. Its reserves stood at about 3.6 months of spending, up from 0.4 in 2016. Staff pay was 33% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
North Carolina Learns Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works